Rise (education program)

NaaS Technology Inc. Reports Unaudited 2023 Third Quarter Financial Results

Retrieved on: 
Thursday, October 26, 2023
Research, CCB, RMB, EV, China Construction Bank, Food, EnergySolutions, Nippon Charge Service, PV, Energy, Network as a service, H.10, Anji County, CIID, LMR, Electricity, Maintenance, Bank statement, Federal Reserve Board of Governors, NAAS, Industrialisation, Growth, Marketing, Partnership, The Company, DCFC, Kilowatt-hour, EPC, USD, Rise (education program), Property Owned by the Central People's Government in the Hong Kong Special Administrative Region, Translation, Software as a service, Video game, Film industry, Cryptocurrency, Life insurance, Renewable energy, Reinsurance, Bank, Property management, Internet service provider

BEIJING, Oct. 26, 2023 /PRNewswire/ -- NaaS Technology Inc. ("NaaS" or the "Company") (Nasdaq: NAAS), the first U.S. listed EV charging service company in China, today announced its unaudited financial results for the third quarter ended September 30, 2023.

Key Points: 
  • BEIJING, Oct. 26, 2023 /PRNewswire/ -- NaaS Technology Inc. ("NaaS" or the "Company") (Nasdaq: NAAS), the first U.S. listed EV charging service company in China, today announced its unaudited financial results for the third quarter ended September 30, 2023.
  • Third Quarter 2023 Financial Highlights:
    Revenues1 grew by 536% year over year to a record setting RMB170.9 million (US$23.4 million) in the third quarter of 2023.
  • Third Quarter 2023 Operational Highlights:
    Charging volume transacted through NaaS' network reached 1,383 GWh in the third quarter of 2023, representing an increase of 66% year over year.
  • Third Quarter 2023 Financial Results:
    Total revenues reached RMB170.9 million (US$23.4 million) in the third quarter of 2023, representing an increase of 536% year over year.

NaaS Technology Inc. Reports Unaudited 2023 Second Quarter and First Half Financial Results

Retrieved on: 
Friday, September 15, 2023
Partnership, EV, Marketing, NAAS, Bank statement, PEV, EPC, Electricity, Network as a service, Hyundai Motor Group, LMR, H.10, USD, Dada Chan, PICC, Rise (education program), The Company, Hyundai, Investment, Translation, Kilowatt-hour, Growth, Research, RMB, Federal Reserve Board of Governors, Rare-earth element, Clothing, Video game, Cryptocurrency, Beauty salon, Security (finance), Renewable energy, Internet service provider, Insurance

BEIJING, Sept. 8, 2023 /PRNewswire/ -- NaaS Technology Inc. ("NaaS" or the "Company") (Nasdaq: NAAS), the first U.S. listed EV charging service company in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2023.

Key Points: 
  • BEIJING, Sept. 8, 2023 /PRNewswire/ -- NaaS Technology Inc. ("NaaS" or the "Company") (Nasdaq: NAAS), the first U.S. listed EV charging service company in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2023.
  • Second Quarter and First Half 2023 Operational Highlights:
    Charging volume transacted through NaaS' network reached 1,228 GWh in the second quarter of 2023 and 2,251 GWh in the first half of 2023, representing an increase of 112% and 112% year over year, respectively.
  • Second Quarter and First Half 2023 Financial Highlights:
    Revenues grew by 121% year over year to RMB48.6 million (US$6.7 million) in the second quarter of 2023 and 132% year over year to RMB84.8 million (US$11.7 million) in the first half of 2023.
  • Second Quarter and First Half 2023 Financial Results:
    Total revenues reached RMB48.6 million (US$6.7 million) in the second quarter of 2023 and RMB84.8 million (US$11.7 million) in the first half of 2023, representing an increase of 121% and 132% year over year, respectively.

English language training (ELT) market size in China to grow by USD 70.81 billion from 2021 to 2026; Growth driven by the rise in the number of international schools - Technavio

Retrieved on: 
Friday, June 30, 2023
Learning, Pearson plc, Communication, Education, TAL Education Group, Internet, Vocabulary, Parent, Swansea University, Wall Street English, Language, ELT, ABCmouse.com Early Learning Academy, School, Student, Rise (education program), Oxford University Press, Rosetta Stone Ltd. v. Google, Inc., Knowledge, Growth, Quad Learning, Inc., EF Education First, Tutoring, Retail, Tourism

In addition, the increasing number of private investments and the globalization of businesses have further fueled the growth of the segment.

Key Points: 
  • In addition, the increasing number of private investments and the globalization of businesses have further fueled the growth of the segment.
  • Berlitz Corp. - The company offers English Language Training for Government exams, corporate training, summer camps for kids, and private and group sessions of English training.
  • ChinaEDU Corp. - The company offers English Language Training for elementary school, junior high school, and high school students in China.
  • English Language Training (ELT) Market in China 2022-2026: Market Dynamics
    The market is driven by the rise in the number of international schools.

NaaS Technology Inc. Reports Unaudited 2023 First Quarter Financial Results

Retrieved on: 
Friday, June 16, 2023
XPeng, DER, Marketing, NAAS, Original equipment manufacturer, Electricity, EPC, H.10, EVS, American depositary receipt, The Company, Acquisition, DST, Federal Reserve Board of Governors, EV, Generator, USD, Maqbool Dada, Growth, Brau Holding International, Geely Auto, US, Rise (education program), Kilowatt-hour, Research, RMB, Bank statement, ADS, Internet of things, Distributed generation, Network as a service, Phase 10, Translation, City, Ecosystem, AI, Cryptocurrency, Video game, Insurance, Renewable energy, Internet service provider, Huawei, Zeekr

BEIJING, June 16, 2023 /PRNewswire/ -- NaaS Technology Inc. ("NaaS" or the "Company") (Nasdaq: NAAS), the first U.S. listed EV charging service company in China, today announced its unaudited financial results for the first quarter ended March 31, 2023.

Key Points: 
  • BEIJING, June 16, 2023 /PRNewswire/ -- NaaS Technology Inc. ("NaaS" or the "Company") (Nasdaq: NAAS), the first U.S. listed EV charging service company in China, today announced its unaudited financial results for the first quarter ended March 31, 2023.
  • First Quarter 2023 Operational Highlights:
    Charging volume transacted through NaaS' network reached 1,023 GWh in the first quarter of 2023, representing an increase of 112% year over year.
  • First Quarter 2023 Financial Highlights:
    Revenues grew by 150% year over year and reached RMB36.2 million (US$5.3 million) in the first quarter of 2023.
  • First Quarter 2023 Financial Results:
    Total revenues reached RMB36.2 million (US$5.3 million) in the first quarter of 2023, representing an increase of 150% year over year.

NaaS Technology Inc. Reports Unaudited 2022 Fourth Quarter and Full Year Financial Results

Retrieved on: 
Friday, April 21, 2023
Maintenance, EV, Quarter, Marketing, NAAS, Bank statement, Deep learning, Network as a service, H.10, USD, Movement, Rise (education program), Translation, Kilowatt-hour, City, Growth, Research, RMB, Federal Reserve Board of Governors, Cryptocurrency, Video game, Arms industry, Security (finance), Mobile phone, Internet service provider

BEIJING, April 21, 2023 (GLOBE NEWSWIRE) -- NaaS Technology Inc. (“NaaS” or the “Company”) (NASDAQ: NAAS), one of the largest and fastest growing electric vehicle charging service providers in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2022.

Key Points: 
  • BEIJING, April 21, 2023 (GLOBE NEWSWIRE) -- NaaS Technology Inc. (“NaaS” or the “Company”) (NASDAQ: NAAS), one of the largest and fastest growing electric vehicle charging service providers in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2022.
  • Fourth Quarter and Full Year 2022 Operational Highlights:
    Charging volume transacted through NaaS’ network reached 856.8 GWh in the fourth quarter of 2022 and 2,753.7 GWh in 2022, representing an increase of 91% and 116% year over year, respectively.
  • Fourth Quarter and Full Year 2022 Financial Highlights:
    Net revenues grew by 95% year over year1 and reached RMB29.5million (US$4.3 million)in the fourth quarter of 2022.
  • NaaS’ income tax expenses were RMB3.4 million (US$0.5 million) in the fourth quarter of 2022, compared with income tax expenses of RMB0.3 million in the fourth quarter of 2021.

NaaS Technology Inc. Reports Adjusted Unaudited 2022 Second Quarter and Interim Financial Results

Retrieved on: 
Friday, April 21, 2023
EV, Marketing, NAAS, Bank statement, Network as a service, H.10, Research, USD, US, Rise (education program), Translation, Growth, RMB, Federal Reserve Board of Governors, Cryptocurrency, Security (finance), Video game, Pharmaceutical industry, Insurance

The unaudited financial results for the quarter and six months ended June 30, 2022 reported below reflect the above adjustments.

Key Points: 
  • The unaudited financial results for the quarter and six months ended June 30, 2022 reported below reflect the above adjustments.
  • Second Quarter 2022 and First Half 2022 Financial Highlights:
    Net revenues grew by 564% year over year and reached RMB22.0 million (US$3.3 million) in the second quarter of 2022.
  • Second Quarter and First Half 2022 Financial Results:
    Net revenues reached RMB36.5 million (US$5.5 million) in the first half year of 2022, including RMB22.0 million (US$3.3 million) in the second quarter, representing an increase of 591% and 564% year over year respectively.
  • Cost of revenues for the second quarter of 2022 was RMB23.3 million (US$3.5 million), increasing by 607% year over year.

NaaS Technology Inc. Reports Adjusted Unaudited 2022 Second Quarter and Interim Financial Results

Retrieved on: 
Monday, March 27, 2023
EV, Marketing, NAAS, Bank statement, VAT, 2012 Colorado Amendment 64, Policy, Network as a service, H.10, Research, USD, US, Shell corporation, Rise (education program), Translation, Growth, RMB, Federal Reserve Board of Governors, Cryptocurrency, Bookkeeping, Pharmaceutical industry, Security (finance), Video game, Arms industry, Insurance

BEIJING, March 27, 2023 (GLOBE NEWSWIRE) -- NaaS Technology Inc. (“NaaS” or the “Company”) (Nasdaq: NAAS), one of the largest and fastest growing electric vehicle charging service providers in China, today reported its adjusted unaudited financial results for the quarter and six months ended June 30, 2022.

Key Points: 
  • BEIJING, March 27, 2023 (GLOBE NEWSWIRE) -- NaaS Technology Inc. (“NaaS” or the “Company”) (Nasdaq: NAAS), one of the largest and fastest growing electric vehicle charging service providers in China, today reported its adjusted unaudited financial results for the quarter and six months ended June 30, 2022.
  • The unaudited financial results for the quarter and six months ended June 30, 2022 reported below reflect the above adjustments.
  • Second Quarter 2022 and First Half 2022 Financial Highlights:
    Net revenues grew by 558% year over year and reached RMB21.8 million (US$3.3 million) in the second quarter of 2022.
  • Second Quarter and First Half 2022 Financial Results:
    Net revenues reached RMB36.5 million (US$5.5 million) in the first half year of 2022, including RMB21.8 million (US$3.3 million) in the second quarter, representing an increase of 592% and 558% year over year respectively.

NaaS Technology Inc. Announces Appointment of Alex Wu as Chief Financial Officer, President and Director

Retrieved on: 
Friday, December 30, 2022
CFO, TMT, Telecommunication, Peking University, Australian Graduate School of Management, EV, University, Partnership, Chevron, Network as a service, NAAS, Li Auto, Rise (education program), Original equipment manufacturer, Graduate school, Bain Capital, PricewaterhouseCoopers, Management

Mr. Wu has also been appointed the President of the Company and will join its Board of Directors, effective January 15, 2023.

Key Points: 
  • Mr. Wu has also been appointed the President of the Company and will join its Board of Directors, effective January 15, 2023.
  • Alex brings in a wealth of experiences and skills he accumulated during his successful career in both business and finance.
  • This is an exciting time for NaaS to invest and grow its business with someone of Alex's caliber, and we are confident this appointment will provide value to NaaS and its shareholders."
  • Mr. Wu has extensive experience in corporate finance, technology and management matters and served as a Managing Director of Bain Capital Private Equity.

NaaS Technology Inc. Announces Engagement of Ernst & Young Hua Ming LLP as the Company's Independent Registered Public Accounting Firm

Retrieved on: 
Friday, October 28, 2022
Company, NASDAQ, Terminology, Network as a service, Private Securities Litigation Reform Act, NAAS, Industry, EV, Dada, RISE, Rise (education program), Time, Technology, Carbon, Original equipment manufacturer, Ernst & Young, Audit, Public relations

As previously announced, the merger transaction between RISE Education Cayman Ltd ("RISE"), the Company's predecessor, and Dada Auto Inc. ("Dada") was completed on June 10, 2022.

Key Points: 
  • As previously announced, the merger transaction between RISE Education Cayman Ltd ("RISE"), the Company's predecessor, and Dada Auto Inc. ("Dada") was completed on June 10, 2022.
  • Upon the completion of such transaction, Dada became a wholly-owned subsidiary of the Company, and the Company assumed and began conducting the principal business of Dada.
  • NaaS Technology Inc. is one of the largest and fastest growing EV charging service providers in China.
  • On June 13, 2022, the American depositary shares of the Company started trading on NASDAQ under the stock code NAAS.

Schmidt Futures and the Rhodes Trust Open New Cycle of Rise Applications for Brilliant Teens With 'Rise To' Campaign Featuring Bishop Briggs' Newest Single

Retrieved on: 
Friday, October 21, 2022
Reproductive health, Movement, Medicine, Technology, Government, Life, Rhodes House, Burj Khalifa, Science, Education, Climate, Schmidt Family Foundation, American Leadership Academy, Research, Program, Multimedia, Microsoft Partner Network, Rhodes Scholarship, Communal violence, Myth, Rise (education program), Ogilvy, Cancer, NBA Africa Game 2018, Student, NEW, Mahapola Higher Education Scholarship Trust Fund, Goal, University, Non-governmental organization, Perseverance, United World Colleges, Learning, Spotify, CEO, Awareness, Social media, Optimism, Eric, Partnership, Social justice, UWC, COVID-19, Commerce, Rhodes, Music, Video game, Toy, Auction, Forestry, Online shopping, Risk management, Public relations, Management, Rise, Brigg

NEW YORK, Oct. 21, 2022 /PRNewswire/ -- Schmidt Futures, in partnership with the Rhodes Trust, today announced that young people ages 15 to 17 (as of July 1st, 2023) can apply for the 2023 Rise Global Challenge with the launch of the 'Rise To' campaign. The flagship program of Schmidt Futures and the anchor of a broader $1 billion philanthropic commitment from Eric and Wendy Schmidt, Rise finds brilliant people who need opportunity and supports them for life as they work to serve others. Rise will build a lifelong community of students, teachers, and institutions across sectors who aim to serve others. The program, which identifies young people between the ages of 15 and 17 from around the world, is designed to encourage a lifetime of service and learning by providing support that could include scholarships, career services, and funding opportunities to help these leaders serve others for decades to come.  

Key Points: 
  • Produced by Ogilvy, the campaign seeks to inspire and foster a global community of 15- to 17-year-olds invested in creating a better future.
  • Rise has partnered with multi-platinum singer-songwriter Bishop Briggs, known for her viral track "River," on a series of beautifully shot films and audio ads featuring 2021 Rise Global Winners .
  • "As a new parent, when I wrote "superhuman," I was inspired by this brilliant up-and-coming generation," said Bishop Briggs.
  • Winners featured in the 'Rise To' campaign include:
    Rushank Goyal (India), who advocates against food adulteration in his community by conducting discussion sessions.